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Wouldn't it be ironic if David Gauke was hiding his money in Panama? The problem is the British press would never look for that info in case it was true.
The prime minister of Iceland has asked the president to dissolve parliament after allegations he concealed millions of dollars worth of investments in an offshore company.
I will forgive David Cameron IF he closes the big company loophole enabling them to pay almost zero tax and issues APNs against everyone else involved.
Cue NAT reminding me that even at my advanced years I am still naive. I still can't even work out how CUK moderation works.....
Let's hope they're not going to drag this out for months on end. I mean, it's not that they'd like to divert our attention from anything else
Exactly, it's how you stay rich. If you are moving millions or billions around the globe and you park your money in a UK bank or some such, first you are only covered for about £60K and secondly our loverly govt would slap tax and vat on it somehow.
I worked for a big FTSE company some years back, on a system that listed their subsidiary companies. They hade hundreds in BVI, Cayman etc called "Special Investment Vehicle 104 Limited" etc
It's where all the money sits, awaiting dividend release or investment.
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